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FOX News
Dec 31, 2012 6:00am PST
. let's look how much money the fiscal cliff tax hikes could cost your family. this is it. if your annual income between 20 and $30,000 your tax bill could go up $1200 next year. that jumps to more than 1700 for those making 40 and 50,000. the fiscal cliff will cost those making 75 and 100 grand more than $3500. and while those making between 200 and 500,000 will be paying about $14,000 more. if you make more than $500,000, a year, get ready to pay roughly an extra $35,000. if you make over one million, your tax increase will be near $216,000. gregg: lots of numbers, lots of digits there. wow!. wow! so how much progress is being made to avoid all of what you just saw? we'll ask california congressman buck mckeown when he joins us live a bit later on in the hour. heather: and as i mentioned at the t the show, thousands of first-responders they're gathering in webster, new york, right now to pay tribute to tomascz kaczowka. sorry, tomascz kaczowka. funeral services are just getting underway. the 19-year-old volunteer firefighter shot and killed while responding to a christmas eve fire that turned out to be an ambush. police say that gunman william spengler set
FOX News
Dec 27, 2012 6:00am PST
about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget committee and he joins us live, next. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualizes your sleep. the only place you'll find the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll
FOX News
Dec 28, 2012 6:00am PST
question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann. you're talking about two million tons of cargo a day. you're talking about billions of dollars of commerce every single day. if there is a port strike that takes place possibly on sunday of this weekend, then 14,500 dock workers
FOX News
Jan 1, 2013 7:00am PST
, they'll vote on the fiscal cliff deal perhaps that was passed in the senate in the predawn hours this morning. we'll have the very latest from washington, d.c., that's coming up next. >>> and then there's this -- >> put your damn seat belt on. pull it over! heather: yeah. remember that guy? the guy trying to make a citizen's arrest of a cop? ahead, the best caught-on-tape moments of 2012. heather: fiscal cliff. fallout. house speaker john boehner and majority leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >> you will stick it to the rich people. but guess what? you may not get anymore revenue and anymore economic growth but you can say i stuck it to the rich people. >> i'm dis.ed we did not get a grand bargain we tried to do so long but we tried. passing this agreement does not mean negotiations halt, far from it. we c
FOX News
Jan 1, 2013 12:00pm PST
year's tradition. that's up next. >>> new developments in the fiscal cliff fight, and we are live on capitol hill as we now await action in the house of representatives on the senate bill which passed pretty overwhelmingly. eric cantor now saying he opposes that bill. this is -- this as house democrats got a visit from mitch mcconnell and hammered out this deal. brett joins us now. how significant that cantor came out against this? >> good afternoon. it is very significant he said publicly that he opposes the senate bill. the real question is whether as house majority leader that he will be with other voters voting against a piece of legislation that hits the floor, or whether it moves to the floor at all. you heard the democratic leader, nancy pelosi, come out calling for an up or down vote as soon as possible. we don't know the plan for republicans. we are just getting word from the speaker's spokesperson saying there will be conversations throughout the afternoon suggesting this could take some time after the house gop caucus meeting we are told by reporters and producers up th
FOX News
Dec 26, 2012 6:00am PST
reached in five days to avoid the fiscal cliff, especially with the main sticking point coming down to whether to increase taxes for top earners next year among many other things. byron york, now, of "the washington examiner" joins us to talk about this. good morning, byron. >> good morning, patti ann. patti ann: so we're going to show a full scream of what would happen if -- full screen of what would happen if we go off that fiscal cliff. but you got democrats, including congressman john yarmouth of kentucky, saying, look, we may go off that cliff on january 1st, but we would creak it very quickly -- correct it very quickly thereafter, so do you believe that's the democratic plan? enter yes, and it's a republican nightmare. republicans have been reached no deal's reached, barack obama and democrats immediately propose to relower the tax rates to bush levels for all but the top 2%, and republicans find themselves opposing it on behalf of their millionaire friends will be the democratic charge. so that's kind of a nightmare scenario for democrats, and it's why you saw john boehner, speaker of the house, offer to raise taxes on americans
Search Results 0 to 5 of about 6